Good question Brian. I am always a fan of a free trials or even better, the free tier. The later you have to watch out as you could be stuck a situation where you can't convert people to the higher tiers, but all in all what you are trying to do is show people the value your product provides and ...
We sell both through the retail chain and direct on our website. The only way to encourage customers to buy from you rather than your stockists is to provide more value than your retailers. The advantage you have as a manufacturer is your intense knowledge for your products. Educate your custome...
Stop trying to "convince" people. You know, there is power in the testimony. A lot of startup companies use friends and family to test out the product and service and to help spread the word. If there is any way to offer a trial of your service, you might give that a go as well. Work to build...
While building your MLM WordPress website, it’s essential to choose the right plugin. A good plugin will be user-friendly and customizable and also improves security features. I would suggest using Epixel WordPress MLM plugin (https://www.epixelmlmsoftware.com/wordpress-mlm-plugin) , WP MLM an...
The trial period is your courtship period, and the best opportunity to convert the user into a paying customer. Areas of focus - on boarding communication that includes welcome email, on boarding education of the platform, links to additional material on product/service - timely communication th...
Generally speaking - having access to more capital is a good thing - particularly when you aren't hemorrhaging equity to get access. Have you talked to the bank about closing on your "need" amount, and having them convert the remainder into a line of credit? Beyond that - this really comes dow...
Do not consider this as a fixed and rigid decision. Consider this more like an opportunity to realize that you should test your pricing strategy as early as possible or at least now. Every pricing strategy you choose does work, the question is can you find your optimum? In your position, I'd re...
I would make sure to have a "one sheet" for your pricing already created. If you're okay with a discount rate and equity then have that as an option. When you pivot to discussing compensation it becomes as easy as " for compensation for this projects here's a link to our page/PDF for startups. As...
This depends on the type of functionality you need in your app. Web apps can't implement the full suite of functionality that would be available to a native app, although they are getting closer to that capability. If the functionality that you need can be achieved with a web app, and if you ca...
I have 12 years experience in ERP solutions like SAP and various others and get this type of question a lot from SME's. I your case you want to provide implementation services and ultimately sign a retainer support contract for 36 months. There are a few good ones out there, start with https://ww...